Heinz Net Down on Costs, Sales Edge Up
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| Food giant H.J. Heinz Company reported before the bell Monday a drop in its quarterly net income, hit by higher costs and an impairment charge. Sales were up 8% from a year ago, beating analysts' projections. |
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Gap Net Tops Views, Sales Flat
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| Apparel retailer Gap Inc. reported after market close Thursday higher fourth-quarter earnings that outpaced Wall Street's expectations, aided by strong sales at its Banana Republic stores. Total sales, however, were unchanged from a year ago. |
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Staples Earnings Rise on Strong Sales
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| Staples Inc., the U.S. largest office supply superstore company, posted before the bell Thursday a 19% jump in its quarterly profits, driven by solid North American retail and delivery sales. The earnings matched analysts' forecasts. |
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Lowe's Earnings Rise to Record
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| Lowe's Companies Inc., the world's second-largest home improvement retailer, reported before the bell Wednesday a 26.7% surge in its quarterly earnings, boosted by strong same-store sales. Results outpaced analysts' projections. |
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Home Depot Net Up, Meets Street Goal
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| The Home Depot Inc., the world's largest home improvement retailer, said before the bell Tuesday that its quarterly profits rose nearly 10% from a year ago, meeting Wall Street's forecast, aided by solid sales. |
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The Week Ahead
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| Major retail companies will report their financial results this week. And as the earnings season is slowing pace, investors will also focus on economic data, such as the U.S. Consumer Price Index for January. |
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Nvidia Earnings Surge, Shares Rise
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| Shares of NVIDIA Corporation jumped more than 11% in after-hours trading Thursday, after the computer graphics chip designer reported quarterly and annual earnings that blew past analysts' expectations. |
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HP Shares Down on Flat Earnings
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| Hewlett-Packard Company reported after the bell Wednesday quarterly net profits that rose only 0.7%, hurt by lower profit margins in its core imaging and printing group. The shares slipped in morning trading Thursday. |
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HP Profit Slightly Up, Tops Views
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| Hewlett-Packard Company reported Wednesday quarterly net profits that rose only 0.7%, hurt by lower profit margins in its core imaging and printing group. Nevertheless, results topped analysts' estimates, helped by record revenues. |
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Applied Materials Net Jumps, Orders Dip
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| Applied Materials Inc., the top maker of semiconductor production equipment, said Tuesday its first-quarter income surged from a year earlier, aided by lower costs and higher sales. However, new orders declined from the previous quarter. |
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